MAPUTO, May 2 (Reuters) – ExxonMobil is “optimistic and pushing forward” with its delayed Rovuma liquefied natural gas (LNG) project in Mozambique and expects a final investment decision at the end of next year, a company official said on Thursday.
ExxonMobil and its partner Eni are developing the Rovuma LNG project in offshore Area 4 in northern Mozambique, with Exxon leading the construction and operation of the onshore liquefaction and related facilities, while Eni concentrates on the Coral floating LNG and upstream operations.
TotalEnergies’ force majeure declaration in 2021, prompted by an insurgent offensive near its Mozambique LNG plant, impacted ExxonMobil. Both companies shared critical facilities like the LNG jetty and offloading facility.
“We recognise there are challenges and there are. We recognise that those challenges can be overcome if we work together,” Arne Gibbs, general manager at ExxonMobil Mozambique, told an energy conference in Maputo.
“My message is quite simple … We are optimistic, we are pushing forward,” he said of a project expected to enter a front-end engineering and design (FEED) phase in a few months.
Furthermore, ExxonMobil’s steadfast dedication to advancing the Mozambique LNG project reflects its long-term vision and strategic objectives. By collaborating with local stakeholders and international partners, ExxonMobil ensures project success. Additionally, it upholds stringent environmental and safety standards.
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